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The logistic function models the growth of a population. Determine when the population reaches one-half of the maximum carrying capacity. Round your answer to three decimal places.
Business Process
A series of steps performed by a group of stakeholders to achieve a concrete goal, typically involving defining, measuring, analyzing, improving, and controlling processes.
Business-Format Franchising
A type of franchising in which the franchisee adopts the franchisor’s entire method of operation.
Fast-Food Restaurants
Eateries that specialize in providing quick service, convenience, and food that is prepared and served quickly to customers.
Late 1700s
A historical period referring to the decade of the 1790s, marking the end of the 18th century.
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